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20121112
20121120
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to know what their taxes are going to be. they need to know what the regulatory environment is going to be. they need to hhve an element of confidence before they're going to go out and start hiring again. right now, the large firms sector is under down, the small firm ector is down 15 at 20 feet tall waiting for some safety to come out again. so it is really incumbent upon washington to find the regulatory tax and fiscal landscape in a positive way. lou: of want to go through some of your outlook. you are saying that if we go over the cliff, tax hikes and spending cuts will translate into sequestration and the lapse of the bush tax cuts. the tax hikes would translate into a reduction in economic growth of 4%. that's automatic recession. >> absolutely. so the fiscal cliff is a contraction in the government impulse and the economy of 4-5% of gdp. i would say in the first order that will hit and reduce economic growth from 2 percent down to-1,-2 very easily. lou: and your outlook on employment, unemployment dropping -- dropping, in my dreams, rising from just under 8% to 9 and a half percen
Search Results 0 to 1 of about 2 (some duplicates have been removed)